please show all work on how you got it

Question 2 (8 points) Use the following information to answer the two questions below. State of Prob. of the Rate of return if state occurs the economy state of economy Stock A Stock B Boom 0.70 0.20 0.02 Bust 0.30 -0.10 0.02 You MUST use 4 digits in every calculation you do in order for your answer to be the same as the one in the system. Enter answer using 4 decimals. Do not use or enter %. For example, if your answer is 3.480% enter 0.0350; if your answer is 0.12013 then enter 0.1201 What is the expected return of a portfolio with equal investments in each asset? USE LE TUNTUWING HOIDLION LO dliwe u Lwu queSLUITS VEUW. State of Prob. of the Rate of return if state occurs the economy state of economy. Stock A Stock B Boom 0.70 0.20 0.02 Bust 0.30 -0.10 0.02 You MUST use 4 digits in every calculation you do in order for your answer to be the same as the one in the system. Enter answer using 4 decimals. Do not use or enter %. For example, if your answer is 3.480% enter 0.0350; if your answer is 0.12013 then enter 0.1201 What is the expected return of a portfolio with equal investments in each asset? A/ What is the variance of the portfolio with equal investments in each asset? A/